JPMorgan & Chase's stock (JPM) fell in the intraday levels, recording a loss of 0.16% in the last session, or 0.14 points, after touching the resistance of the SMA for the last 50 days period, bouncing off it lower and turning the gains into losses before the close, as the stock remains settled below 87.39, after getting hurt by breaching the main upward trend line previously in the short term. 

Therefore we expect more losses to come for the stock, as long as it settles below 87.39, targeting the support of 83.12.